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1). Shawn is creating a business that provides advertising on public restroom stall doors. He is funding the project from his personal savings of $5,000 and does not expect to use any outside financing. Should he develop a business plan? Why or why not?
2). Why a prospective business founder might want to establish a feasibility study or Business Model Canvas before developing a complete business plan.
3). How can spending time researching and writing a business plan save an entrepreneur time and money in the short run and long run?
4). Explain why the executive summary is the most important section of any business plan.
Has dollar appreciated or depreciated against the yen. Illustrate what was the least amount in dollars that your box lunch cost.
Seems to me that it would continnually rise as P increases since demand remains unchanged?
He starts this year with nothing in the bank and ends next year with nothing in the bank. Draw his budget constraint in E1 - E2 space.
All of the following are consequences of an economy operating above its potential level except: A bank can usually offer a saver a higher return for the same risk because:
Being flexible in the early stages of a project is easy, yet stakeholders may request changes at impractical times.
Suppose the money supply is $1 trillion. The FOMC decides to use open market operations to reduce the money supply by $100 billion. If the required reserve ratio is .05, what does the Fed need to do to accomplish the reduction? Illustrate your result..
The United States has formally withdrawn from the Trans Pacific Partnership, a trade agreement that would create a trade partnership.
Now assume the following specific demand equation: p = 9 – 0.3q; r = 0.1; R= 80; mc = 2. Suppose the resource price is currently $3 per unit. What is the depletion year for this resource under perfection completion?
From the following equations for the supply and demand curve. Demand Qd= -1/2P+14
Henslin defines social problems as “aspects of society that a large number of people are concerned about and would like changed” (p. 5) Based on this definition, do you think pornography could be considered a social problem? Why or Why not?
Does the concept of technological efficiency permit us to determine at which point on an isoquant a firm should operate.
Suppose that the United States and Canada each produce only two products, televisions and food. The United States can produce 100 televisions a day
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